2023 MVR to SRD Historical Review

YEARLY HIGH

2.5161 SRD

YEARLY LOW

2.0479 SRD

YEARLY AVERAGE

2.3806 SRD

2023 MVR to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 2.5161. Conversely, the yearly low was recorded on January 8, dropping to 2.0479.

This high-to-low spread represents a total annual volatility of 0.4682 SRD. From a start-to-finish perspective, comparing the January average rate of 2.0681 to the December average rate of 2.4305, the exchange rate registered a net change of 17.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.5161 was up 20.24% compared to the 2022 peak of 2.0926, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MVR based on timing:

Yearly Peak High 12,580 SRD

2022 Average 7,858 SRD

Yearly Trough Low 10,239 SRD

Transaction Impact: A difference of 2,341.00 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.5319

2.0259

JanuMarcMayJulySeptNove

MVR to SRD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2.2900, compared to 2.4712 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1812 points.

H1 Avg (Jan–Jun) 2.2900

H2 Avg (Jul–Dec) 2.4712

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1586 SRD (High: 2.3425 / Low: 2.1838). On the other end, October was the most stable month, with a tight range of 0.0293 SRD (High: 2.4966 / Low: 2.4673).

March Spread (Volatile) ±0.1586

October Spread (Stable) ±0.0293

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0418 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0418

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2.4710) against the same month in 2022 (average: 1.4860), the exchange rate shifted by +0.9850 (+66.29%).

2023 Avg (July) 2.4710

2022 Avg (July) 1.4860

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1133	2.0479	2.0681
February	2.2067	2.0844	2.1368
March	2.3425	2.1838	2.2499
April	2.4370	2.3262	2.3947
May	2.4658	2.4161	2.4335
June	2.4951	2.4300	2.4572
July	2.5161	2.4042	2.4710
August	2.5105	2.4795	2.4897
September	2.5063	2.4698	2.4843
October	2.4966	2.4673	2.4792
November	2.4967	2.4554	2.4723
December	2.4679	2.3861	2.4305